SCorpDesk / 2026 S-Corp & QBI Guides / Michigan (MI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
Michigan (MI) 2026 S-Corp Tax Calculator, PTET Election & Franchise Tax Guide
What are the 2026 S-Corp tax and PTET rules in Michigan?
In Michigan (MI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553. For the Pass-Through Entity Tax (PTET) deduction: 4.25% Michigan Flow-Through Entity (FTE) Tax. Entity-level franchise/minimum tax: $25 Annual Report Fee.
In Michigan (MI), the 2026 S-Corporation election rule is: Recognizes Federal Form 2553. For the Pass-Through Entity Tax (PTET) deduction: 4.25% Michigan Flow-Through Entity (FTE) Tax. Entity-level franchise/minimum tax: $25 Annual Report Fee.
Open Michigan 2026 S-Corp & 20% Permanent QBI Calculator
2026 Michigan (MI) S-Corporation Statutory Tax Matrix
| Michigan S-Corp Compliance Area | 2026 Statutory Rule |
|---|---|
| State S-Corp Election Recognition | Recognizes Federal Form 2553 |
| Pass-Through Entity Tax (PTET) Election | 4.25% Michigan Flow-Through Entity (FTE) Tax |
| Annual Minimum / Franchise Tax | $25 Annual Report Fee |
| Federal Section 199A QBI Deduction | Up to 23% of qualified K-1 income under Public Law 119-21 |
| Home Office & Mileage Deduction Method | Must use an IRC Section 62(c) Corporate Accountable Plan |
Frequently Asked Questions
Does Michigan require a separate state S-Corp election in 2026?
For Michigan (MI): Recognizes Federal Form 2553.
What is the Michigan S-Corp franchise or minimum tax for 2026?
In Michigan: $25 Annual Report Fee.